Dr. Michael Fübi, CEO of TÜV Rheinland Group, expressed his unwavering confidence in China's progress, while talking about the opening of his group's new hub in Shenzhen's Guangming District.

TÜV Rheinland, a Germany-based third-party testing, inspection and certification services provider, launched a new operation hub in Shenzhen's Guangming District on Nov. 1. It's the company's largest investment project in South China over the past five years.

Covering a construction area of approximately 15,000 square meters within the Guangming Yesun Synthetic Biology Industrial Park, the new hub offers state-of-the-art testing and certification services tailored to sectors that are crucial for the region's development.

These sectors, which encompass electric vehicle batteries, energy storage systems, sensors,5G equipment, smart home appliances, health care, and more, underline TÜV Rheinland's commitment to meeting the evolving needs of the GBA as a hub of innovation and economic vigor.

"We strongly believe in the further positive development of China," he said.

He cited Shenzhen's rapid growth and technological advancements as key factors in his company's strategic decision to open a new hub here.

The company established its Shenzhen office 29 years ago. Reflecting on the company's longstanding presence in the city, Dr. Fübi noted the continuous evolution of the city's tech landscape and the substantial demand for services driven by the burgeoning tech industry.

"There are so many world-leading tech companies that we expect there would be further growth and further demand for our services, and that's why we need to have more space," he said.

Highlighting the city's pivotal role as a technological hub within the Guangdong-Hong Kong-Macao Greater Bay Area, Dr. Fübi commended the transition of some local companies into global technology leaders. "I have visited many clients here who started their businesses 20 or 30 years ago. They have been technology followers, then technology challengers, and now are global technology leaders," he said.

The chairman said the company not only keeps investing in building up new facilities and new labs, but also in people. The company started its Chinese mainland business in Shanghai 35 years ago with five people coming from Germany.

"Today, there are still a handful of Germans, but we have 5,500 Chinese colleagues working for us in the region," he said.